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GBP/USD M5 Trading

  • #1,861
  • Dec 27, 2023 4:55am Dec 27, 2023 4:55am
Quoting stevepatt
{quote} GBP/USD Short Trade 2 {image}
GBP/USD Short Trade 2 Result BE+

We have to Watch Price as of now it didn't need to move any Lower to find Liquidity?

Every Statement I make, really, is just my Interpretation of Price I haven't got a Clue what Price will do and nor does anyone else

I am just Playing with Probability
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 27th Dec 23 M15 Observations GBP_USD Mini_20231227_10.35.png Size: 49 KB
Click to Enlarge Name: 27th Dec 23 Short Trade 2 Result GBP_USD Mini_20231227_10.47.png Size: 48 KB
  • #1,862
  • Dec 27, 2023 4:58am Dec 27, 2023 4:58am
Quoting stevepatt
{quote} As I write this there are 14 people Reading and Studying the Charts I have Posted, all with their Ids hidden. How many people actually Study what I do and trytoapply it to their Trading I would really be Interested to hear your comments If I casn get my head around the Tech I will be Posting Videos soon
Steve i study your charts daily and for me you are one of the rare member here who share a good strategy, new trader can go with.
If you start a video serie, hope you make it easy to foolow and hope it will well organized from the start on. For me sometime it is not much clear what is the exact entry desicion, is it a candle formation, is it a clear movement befor enter. Hope you will make that point also with a clear step by step post.
All comes to the point, how good is the teacher. Often i miss the deep details in threads around. Really deep from the beginning. It is easy jump from point to point as someone trade that long time and things can be very fast dropped, because seems be natural given, but for new trader these points are so important.

I know you will do your best if you start to make videos.

Greets

Michael
Perfection is the enemy of good enough!
  • #1,863
  • Dec 27, 2023 5:10am Dec 27, 2023 5:10am
Quoting MichaelSch
{quote} Steve i study your charts daily and for me you are one of the rare member here who share a good strategy, new trader can go with. If you start a video serie, hope you make it easy to foolow and hope it will well organized from the start on. For me sometime it is not much clear what is the exact entry desicion, is it a candle formation, is it a clear movement befor enter. Hope you will make that point also with a clear step by step post. All comes to the point, how good is the teacher. Often i miss the deep details in threads around. Really...

Hi Michael,

Yes, I will try and get myself Orgainised

It is difficult for me to Explain everything Clearly on Charts

Some of what I do is Purely Intuition

The past week and this week is the longest consecutive Days I have to Trade

The more Real Time Study of Charts you do the more you SEE how things Move

Anyway, I'll do my Best with the Videos, everyone will have to bear with me before I get into the Swing of it.
  • #1,864
  • Dec 27, 2023 5:12am Dec 27, 2023 5:12am
Quoting stevepatt
{quote} GBP/USD Short Trade 2 Result BE+ We have to Watch Price as of now it didn't need to move any Lower to find Liquidity? Every Statement I make, really, is just my Interpretation of Price I haven't got a Clue what Price will do and nor does anyone else I am just Playing with Probability {image} {image}
GBP/USD M15 Observations

Hindsight is a Wonderful Thing.......
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Dec 23 M15 Observations GBP_USD Mini_20231227_10.58.png Size: 41 KB
  • #1,865
  • Dec 27, 2023 5:46am Dec 27, 2023 5:46am
Quoting stevepatt
{quote} GBP/USD M15 Observations Hindsight is a Wonderful Thing....... {image}

GBP/USD 1 MIN Observations

Price might need an Ecxtra Boost to get Higher??
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Dec 23 M1 Observations GBP_USD Mini_20231227_11.40.png Size: 61 KB
  • #1,866
  • Dec 27, 2023 7:54am Dec 27, 2023 7:54am
Quoting stevepatt
{quote} GBP/USD 1 MIN Observations Price might need an Ecxtra Boost to get Higher?? {image}

GBP/USD Short Trade 3 Result (-10) Pips

I didn't get a chance to Post this Trade Live

It's made me wonder just how much I need in order to Trade

When Price is going up:

WAIT for Price to STOP Going Up

WAIT for a Break of Structure

WAIT for a TEST of the Break

When Price is going Down:

WAIT for Price to STOP Going Down

WAIT for a Break of Structure

WAIT for a TEST of Structure

That's it.......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 27th Dec 23 Short Trade 3 GBP_USD Mini_20231227_12.04.png Size: 54 KB
Click to Enlarge Name: 27th Dec 23 M15 Observations GBP_USD_20231227_13.21.png Size: 36 KB
Click to Enlarge Name: 27th Dec 23 M15 Observations GBP_USD_20231227_13.37.png Size: 37 KB
  • #1,867
  • Dec 27, 2023 9:53am Dec 27, 2023 9:53am
GBP/USD M15 Observations

An Interesting Observation, at least for me.

All that Bullish Run and no Long Trade

I guess it is Hardwired into me to be looking for the Reversal and not to Trust the Continuation after Price has moved a certain amount of Pips

Not sure how many Pips will have to do some Study
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Dec 23 M1 Observations GBP_USD Mini_20231227_15.26.png Size: 60 KB
  • #1,868
  • Dec 28, 2023 1:52am Dec 28, 2023 1:52am
GBP/USD M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Dec 23 M15 Observations GBP_USD Mini_20231228_07.44.png Size: 28 KB
  • #1,869
  • Dec 28, 2023 2:00am Dec 28, 2023 2:00am
Quoting stevepatt
GBP/USD M15 Observations {image}

GBP/USD 1 Min Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Dec 23 1 Min Observations GBP_USD Mini_20231228_07.54.png Size: 33 KB
  • #1,870
  • Dec 28, 2023 2:13am Dec 28, 2023 2:13am
Quoting stevepatt
{quote} GBP/USD 1 Min Observations {image}


GBP/USD Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Dec 23 1 Min Long Trade GBP_USD Mini_20231228_08.08.png Size: 42 KB
  • #1,871
  • Dec 28, 2023 2:33am Dec 28, 2023 2:33am
Quoting stevepatt
{quote} GBP/USD Long Trade {image}

GBP/USD Long Trade Result BE+

Price Failed to POP

Quite often with these Trades as long as you are watching Price you can Exit @ or close to BE
Attached Image (click to enlarge)
Click to Enlarge Name: 28th. Dec Long Trade RESULT GBP_USD Mini_20231228_08.29.png Size: 38 KB
  • #1,872
  • Dec 28, 2023 2:54am Dec 28, 2023 2:54am
Quoting stevepatt
{quote} GBP/USD Long Trade Result BE+ Price Failed to POP Quite often with these Trades as long as you are watching Price you can Exit @ or close to BE {image}

GP/USD Short Trade

Short Term Trend is turning Down but that's all I need
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 28th Dec 23 15M Short Trade GBP_USD Mini_20231228_08.50.png Size: 34 KB
Click to Enlarge Name: 28th Dec 23 1 Min Short Trade GBP_USD Mini_20231228_08.45.png Size: 47 KB
  • #1,873
  • Dec 28, 2023 3:33am Dec 28, 2023 3:33am
Quoting stevepatt
{quote} GP/USD Short Trade Short Term Trend is turning Down but that's all I need {image} {image}
GBP/USD M15 1 Min Observations

To be able to Trade Short Term you need to be able to Read Price
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 28th Dec 23 M15 Observations GBP_USD Mini_20231228_09.13.png Size: 42 KB
Click to Enlarge Name: 28th Dec 23 M1 Observations GBP_USD Mini_20231228_09.24.png Size: 50 KB
  • #1,874
  • Dec 28, 2023 6:37am Dec 28, 2023 6:37am
Quoting stevepatt
{quote} GP/USD Short Trade Short Term Trend is turning Down but that's all I need {image} {image}
GBP/USD Short Trade Result +20 Pips

GBP/USD Observations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 28th Dec 23 M15 Observations GBP_USD Mini_20231228_12.01.png Size: 52 KB
Click to Enlarge Name: 28th Dec 23 Short Trade Result GBP_USD Mini_20231228_12.26.png Size: 56 KB
  • #1,875
  • Dec 28, 2023 9:05am Dec 28, 2023 9:05am
Quoting stevepatt
{quote} GBP/USD Short Trade Result +20 Pips GBP/USD Observations {image} {image}
GBP/USD M15 1 Min Observations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 28th Dec 23 M15 Observations GBP_USD Mini_20231228_14.54.png Size: 38 KB
Click to Enlarge Name: 28th dec 23 M1 Observations GBP_USD Mini_20231228_14.57.png Size: 43 KB
  • #1,876
  • Dec 28, 2023 9:28am Dec 28, 2023 9:28am
Quoting stevepatt
{quote} GBP/USD M15 1 Min Observations {image} {image}
GBP/USD Long Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Dec 23 Long Trade 2 GBP_USD Mini_20231228_15.25.png Size: 41 KB
  • #1,877
  • Dec 28, 2023 10:16am Dec 28, 2023 10:16am
Quoting stevepatt
{quote} GBP/USD Long Trade 2 {image}

GBP/USD Long Trade 2 Result BE
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Dec 23 Long Trade 2 Result GBP_USD Mini_20231228_16.05.png Size: 51 KB
  • #1,878
  • Dec 29, 2023 12:22am Dec 29, 2023 12:22am
GBP/USD M15 Observations

I don't know if we will get much movement today.
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Dec 23 M15 Observations GBP_USD_20231229_06.13.png Size: 32 KB
  • #1,879
  • Dec 29, 2023 1:34am Dec 29, 2023 1:34am
Quoting stevepatt
GBP/USD M15 Observations I don't know if we will get much movement today. {image}

GBP/USD Short Trade

I'm Recording this Trade on Video that's why I'm late Posting
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 29th Dec 23 Short Trade GBP_USD_20231229_07.30.png Size: 33 KB
Click to Enlarge Name: 29th Dec 23 Short Trade GBP_USD_20231229_07.20.png Size: 36 KB
  • #1,880
  • Dec 29, 2023 1:59am Dec 29, 2023 1:59am
Quoting stevepatt
{quote} GBP/USD Short Trade I'm Recording this Trade on Video that's why I'm late Posting {image} {image}

GBP/USD Short Trade Result +20 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Dec 23 Short Trade Result GBP_USD_20231229_07.57.png Size: 39 KB
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